United States President Donald Trump has promised Indian business leaders that the market will rise "thousands and thousands" of points if he wins the upcoming US national election.
"The market will jump thousands and thousands of points if I win, but if I don't win, it will crash like never before," Mr Trump said.
The high profile roundtable of business leaders with Mr Trump included captains of the Indian industry such as Reliance Industries Chairman Mukesh Ambani, Mahindra Group Chairman Anand Mahindra, Tata Sons Chairman N Chandrasekaran and Aditya Birla Group Chairman Kumar Mangalam Birla.
Mr Trump listened to the concerns of the industrialists and thanked them for the investments made in the United States. "Thank you, you are doing very well," Mr Trump told several business chiefs.
Mr Trump also promised to ease economic restrictions and regulations in the United States to boost foreign investment. "Some of the regulations have to go through statutory process, but the government is committed to reducing a lot more regulations," he said.
Mr Trump, on a two-day visit to India, praised Prime Minister Narendra Modi and called him a "tough man". "We create jobs here, he creates jobs there (in US)," he was quoted by news agency PTI as saying.
Stating that he is going to win the US presidential elections, he said his government has done a lot for the economy, healthcare and military, PTI reported.
On concerns over the impact of Novel Coronavirus on global trade, Mr Trump assured that the situation will be brought under control soon.
"China is working very very hard. I have spoken to President Xi (Jinping), they are working very hard. They had a rough patch and right now it seems they are getting it under control, they are getting it more and more under control, so I think it is a problem that is going to go away," Mr Trump said.
With inputs from PTI
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